GBP/AUD

- AUD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	GBPAUD
ISIN:

GBP/AUD - Daily - Technical analysis published on 10/02/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bearish

Technical indicators

11%

67%

22%

My opinion

Bearish under 1.9533 AUD

My targets

1.9075 AUD (-0.0189)

1.8960 AUD (-0.0304)

My analysis

The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on GBP/AUD as long as the price remains well below 1.9533 AUD. The next bearish objective for sellers is set at 1.9075 AUD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.8960 AUD. In case of crossing, the next objective would be the support located at 1.8216 AUD.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

4.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Scorpus. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The GBP/AUD price is 1.9264 AUD. The price is lower by -0.17% since the last closing and was between 1.9212 AUD and 1.9305 AUD. This implies that the price is at +0.27% from its lowest and at -0.21% from its highest.

1.9212

1.9305

1.9264

Here is a more detailed summary of the historical variations registered by GBP/AUD:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of GBP/AUD indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.8960	1.9075	1.9227	1.9264	1.9323	1.9533	1.9664
Change (%)	-1.58%	-0.98%	-0.19%	-	+0.31%	+1.40%	+2.08%
Change	-0.0304	-0.0189	-0.0037	-	+0.0059	+0.0269	+0.0400
Level	Intermediate	Major	Minor	-	Major	Intermediate	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.9151	1.9204	1.9250	1.9303	1.9349	1.9402	1.9448
Camarilla	1.9269	1.9278	1.9287	1.9296	1.9305	1.9314	1.9323
Woodie	1.9148	1.9202	1.9247	1.9301	1.9346	1.9400	1.9445
Fibonacci	1.9204	1.9242	1.9265	1.9303	1.9341	1.9364	1.9402

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.8983	1.9157	1.9266	1.9440	1.9549	1.9723	1.9832
Camarilla	1.9298	1.9324	1.9350	1.9376	1.9402	1.9428	1.9454
Woodie	1.8952	1.9141	1.9235	1.9424	1.9518	1.9707	1.9801
Fibonacci	1.9157	1.9265	1.9332	1.9440	1.9548	1.9615	1.9723

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.8775	1.9032	1.9188	1.9445	1.9601	1.9858	2.0014
Camarilla	1.9231	1.9269	1.9307	1.9345	1.9383	1.9421	1.9459
Woodie	1.8726	1.9007	1.9139	1.9420	1.9552	1.9833	1.9965
Fibonacci	1.9032	1.9189	1.9287	1.9445	1.9602	1.9700	1.9858

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	36.98
MACD (12,26,9):	-0.0039
Directional Movement:	-11.3351
AROON (14):	-50.0000
DEMA (21):	1.9412
Parabolic SAR (0,02-0,02-0,2):	1.9512
Elder Ray (13):	-0.0163
Super Trend (3,10):	1.9598
Zig ZAG (10):	1.9264
VORTEX (21):	0.9393
Stochastique (14,3,5):	12.57
TEMA (21):	1.9351
Williams %R (14):	-86.78
Chande Momentum Oscillator (20):	-0.0300
Repulse (5,40,3):	-0.4096
ROCnROLL:	2
TRIX (15,9):	-0.0022
Courbe Coppock:	1.89

MA7:	1.9386
MA20:	1.9501
MA50:	1.9491
MA100:	1.9322
MAexp7:	1.9369
MAexp20:	1.9446
MAexp50:	1.9435
MAexp100:	1.9369
Price / MA7:	-0.63%
Price / MA20:	-1.22%
Price / MA50:	-1.16%
Price / MA100:	-0.30%
Price / MAexp7:	-0.54%
Price / MAexp20:	-0.94%
Price / MAexp50:	-0.88%
Price / MAexp100:	-0.54%

Quotes : - Real time data - Forex

News

The last news published on GBP/AUD at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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